4 firms to float IPOs as Sebi gives nod

ZeeBiz WebTeam

Jul 08,2024

Akums Drugs and Pharma IPO

Akums Drugs and Pharma has received the market regulator's approval to launch a public offer.

Gold Plus Glass IPO

Gold Plus Glass has also received approval of Sebi to float an IPO.

Ceigall India IPO

Sebi has also cleared Ceigall India’s IPO application.

Orient Technologies IPO

The market regulator has also given the nod to Orient Tech to float an IPO.

The four companies filed their preliminary IPO papers with the regulator in February.

What happens next?

When Sebi clears a company's IPO papers, it signifies that it has reviewed and approved the company's prospectus and related documents for the public offer.

What happens next?

Sebi's clearance is a crucial milestone for the company planning to go public, marking its readiness to enter the capital markets and raise funds from public investors.

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